SEC and CFTC Propose 24/7 Trading for Traditional Markets in Crypto Alignment Move
The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission unveiled a joint initiative to create a more robust regulatory framework for digital assets. The proposal includes exploring round-the-clock operations for traditional financial markets—a direct nod to cryptocurrency markets' non-stop nature.
Regulators highlighted the need for collaborative oversight following their previous joint statement on spot crypto products. The discussion included extending trading hours for asset classes, noting that some markets like commodities and foreign crypto exchanges already operate continuously.
Prediction markets gained particular attention, with platforms like Polymarket—recently cleared to resume U.S. operations—and Kalshi driving global demand for event contracts. The agencies aim to provide clear guidance for these emerging products.